Sec. 1051. Conversion of surplus water agreements
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Section 6 of the Act of December 22, 1944 ( 33 U.S.C. 708 ), is amended— by striking and inserting the following: Sec. 6. That the Secretary The Secretary ; and by adding at the end the following: In any case in which a water supply agreement was predicated on water that was surplus to a purpose and provided for contingent permanent storage rights under section 301 of the Water Supply Act of 1958 ( 43 U.S.C. 390b ) pending the need for storage for that purpose, and that purpose is no longer authorized, the Secretary of the Army shall continue the agreement with the same payment and all other terms as in effect prior to deauthorization of the purpose if the non-Federal entity has met all of the conditions of the agreement.
In any case in which a water supply agreement with a duration of 30 years or longer was predicated on water that was surplus to a purpose and provided for the complete payment of the actual investment costs of storage to be used, and that purpose is no longer authorized, the Secretary of the Army shall provide to the non-Federal entity an opportunity to convert the agreement to a permanent storage agreement in accordance with section 301 of the Water Supply Act of 1958 ( 43 U.S.C. 390b ), with the same payment terms incorporated in the agreement. .